For Fast Money traders

$VIX is coming down, however, individual stock implied volatility is not coming down. In many names the current IV is higher than the longer term volatility. If you are someone with a margin account and have Confidence on specific names, and they have already announced earnings, (so remove earnings risk), and not going to be impacted by tariffs (remove trump risk), then you can think about selling puts.

This is for fast money traders. use caution, don’t overextend yourself, and after the initial volatility collapse be prepared to close and book the profits.

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I have been looking for companies that hold the 50sma. It is easy to know when you are wrong because if it drops below by a couple percent you can get out.